We would like to inform you that the name of Schroder Investment Management (Luxembourg) S.A. (“SIM Lux”) changed to Schroder Investment Management (Europe) S.A. (“SIM Europe”) effective 27 June 2018.

This name change recognises the growing importance of Luxembourg as a hub for Schroders continental European business and the new licences we have obtained to continue to market and provide investment strategies developed globally to our EEA clients.

Please note that the legal entity in Luxembourg with which clients, distributors and other third parties have and will continue to contract has not changed and that any contract in place with SIM Lux remains in full force and effect.

If you have any questions on this notification please email simeucsm@schroders.com.

Shareholder letter

NAV

99.6006 USD

15/02/2019

down 0.0705

AUM (M) 992.42

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Will our money last us to 100?

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Will our money last us to 100?

We ask leading experts if we are saving enough money now to afford a 100 year life.

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Economics

14FEB 2019

Germany and Japan avoid recession but weaker global trade bites

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Germany and Japan avoid recession but weaker global trade bites

Domestic demand improved in both economies at the end of 2018 but trade concerns persist.

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Sugar in 2019: Current state of play

Sugar is moving up social and political agendas, handing an advantage to those companies that are already adapting to a more sugar-constrained indust…

Economics

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Why China’s recent slowdown may be more pronounced than investors realise

Schroders’ China Activity Indicator has slowed sharply.

We would like to inform you that the name of Schroder Investment Management (Luxembourg) S.A. ("SIM Lux") changed to Schroder Investment Management (Europe) S.A. ("SIM Europe") effective 27 June 2018.

For more information, please refer to the Shareholder Letter.

INVESTMENT OUTLOOKS 2018

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